DJIM Trader Alerts to 2011
Up to the minute alerts of the stocks DJIM traders are closely watching for a trade, a heads up of sorts. This section is mostly for the trader during market hours and those who are familiar with the DJIM trading methodology. In an effort to get information to you quickly, these alerts may only contain a few words, maybe only a symbol of the stock. It is best you keep up to date on the activities in Trader Journal as most plays originate from that page. Please remember Alerts are not a license to buy, watch for volume, market conditions and other indicators
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It's eps date is May 10th, lots of time in between to get a pre earning run!
SP500 could hit ’07 highs - A “confident” rally through 1,225.70, the 61.8 percent
retracement level Fibonacci analysts identify as a key resistance area, would increase the
likelihood of it surging to its all-time closing high of 1,565.15 set on Oct. 9, 2007
(Bloomberg)
...On the M24th, we last alerted X at $63 as a beneficiary of iron ore news and it climed to 71, this rumor news (quarterly pricing) is now pretty well a done deal as (Rio sounds death knell for annual iron ore pricing/Rio Tinto said it had moved to quarterly pricing of iron ore contracts, becoming the last of the big three miners to dump annual price-fixing. The softness noted today in Journal as weighing on coal/steel because of China steelmakers protesting what is really a non issue as it's slim it would happen due to China's 'needs'...CLF PT raised today again and a "MUSA" IPO goes today and so we'll eye the sector plays(biz like RS's), but going off 30% more expensive.